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  • Mixed response from mortgage lenders to rate cut

    Thursday 08 Jan 2009

    Two of the UK’s largest mortgage providers promised to pass on today’s 0.5% cut in base rates in full to their customers, though other lenders were more guarded.

  • Friday preview: JD Sports Fashion, Misys

    Thursday 08 Jan 2009

    JD Sports Fashion is the latest retailer due to update the market on how it fared over Christmas.

  • Water Hall drops £700,000 on Lloyds TSB punt

    Thursday 08 Jan 2009

    Quarry operator Water Hall Group has seen a decline of £733,000, or more than half, in an investment in Lloyds TSB shares made just four months ago.

  • Zavi closes 22 stores

    Thursday 08 Jan 2009

    Entertainment retailer Zavvi will close 22 of its stores with immediate effect, costing 178 jobs.

  • HBOS pension trustees' action on hold

    Thursday 08 Jan 2009

    HBOS pension fund trustees have dropped a plan to halt the bank's takeover by Lloyds TSB in case it interferes with the completion of capital raisings by both banks next week.

  • Intertek expands consumer products division

    Thursday 08 Jan 2009

    Safety services specialist Intertek has beefed up its consumer goods division with two acquisitions.

  • Record year for Pace

    Thursday 08 Jan 2009

    Set-top box maker Pace said 2008 was a year of record shipments, revenues and customer numbers.

  • Signet Christmas sales slide

    Thursday 08 Jan 2009

    Shares in Signet Jewelers fell back after the Anglo-US jewellery chain reported sharply lower like-for-like sales on both sides of the Atlantic over the Christmas period.

  • Nissan to shed 1,200 jobs at Sunderland

    Thursday 08 Jan 2009

    Nissan is to cut 1,200 manufacturing jobs from its Sunderland plant after a sharp fall in demand, underlining the crisis hitting the car industry both in the UK and worldwide.

  • Aviva continues insurance JV with ABN

    Thursday 08 Jan 2009

    Insurer Aviva said its Dutch-based business Delta Lloyd and ABN Amro Bank Netherlands are to continue their insurance joint venture ABN AMRO Insurance.

  • Compass snaps up KIMCO Corp

    Thursday 08 Jan 2009

    Catering giant Compass has bought the North American KIMCO Corporation (KIMCO) from the Tarson family for up to $90m in cash.

  • GMA ramps up gold, silver output

    Thursday 08 Jan 2009

    Algeria-focused precious metal miner GMA increased gold and silver production in the last quarter of 2008 and said output would increase to ‘commercial levels’ in coming months.

  • Alliance Pharma shrugs off downturn

    Thursday 08 Jan 2009

    Speciality pharmaceutical group Alliance Pharma’s reliance on prescriptions helped it weather tough economic conditions to post a sharp rise in turnover.

  • Comment: Retail big boys show their dexterity

    Thursday 08 Jan 2009

    Three days into the reporting season for sales over Christmas, it’s already clear that the carnage some had predicted in the retail sector isn’t going to materialise.

  • Aer Lingus passenger numbers fall

    Thursday 08 Jan 2009

    Irish low-cost airline Aer Lingus continued to feel the pinch of weak economic condition with passenger numbers falling by 4.6% in December compared with the same month the previous year.

  • Autonomy expects better results

    Thursday 08 Jan 2009

    Data search specialist Autonomy expects to report full year 2008 revenue and profitability above the levels mentioned in its last trading update in October.

  • Planet Payment expects FY sales surge

    Thursday 08 Jan 2009

    Multi currency payment processor Planet Payment said it expects full year sales to increase over 90% to $35m after it signed up more customers.

  • Currency moves boost Management Consulting

    Thursday 08 Jan 2009

    Management Consulting Group expects to report a big increase in both profit and revenue for 2008 thanks to the recent strength of the dollar and the euro versus sterling.

  • Small caps round-up: Xploite, Interquest, Vyke...

    Thursday 08 Jan 2009

    IT services company Xploite's managed services and storage unit Anix has won three new contracts totalling £9.4m in the last three weeks.

  • Arena Leisure trading in line

    Thursday 08 Jan 2009

    Race course operator Arena Leisure said trading since 16 October 2008 has been in line with its expectations.

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